Inflation & Prices
Croatia’s Tourism May Be Hurt by Price Hikes, ECB’s Vujcic Says
- Tourism price increases outpace inflation in last four years
- Croatia must be ‘careful’ to stay price-competitive: Vujcic
Visitors look out over the the Old Town and the Adriatic Sea in Dubrovnik.
Photographer: Oliver Bunic/BloombergThis article is for subscribers only.
Croatian central bank Governor Boris Vujcic warned that the country’s vital tourism sector could be harmed by the cumulative impact of price hikes over the last few years.
His warning came as many holidaymakers begin shopping around for destinations and accommodations for the upcoming summer travel season.